Price Analysis

Dogecoin Price Analysis: Dogecoin (DOGE) gets bit by a bear; Price at $0.0028

Dogecoin (DOGE) is falling in the intraday market chart. In the last week, the coin demonstrated the sheer potential of moving up in the crypto market when the rest of the altcoins were falling. The major reason behind uptrend was Bitcoin.

Dogecoin is one who blindly follows Bitcoin (BTC) momentum. The traders often take Dogecoin as the alternate option for the Bitcoin. Today, Bitcoin is also drenched in blood, thus Dogecoin is also slipping tremendously. However, we are expecting an upsurge in the price soon.

To understand the momentum better, let’s have a look at the chart.

Current Statistics of Dogecoin:

The chart is taken from Trading View on 15 July 2019 at 05:36:22 UTC for price analysis.

Dogecoin Price Prediction
Dogecoin Price Chart

Yesterday, the coin opened at $0.0033. The first few hours of the day were quite steady at $0.033. Further, the coin fell from $0.0032 to $0.0028. The regression marked was of 0039.46%. The coin kept sliding down for the rest of the day. The intraday loss was of 10.74%. Today, the coin opened at $0.0028. There is steadiness in the price at $0.029.

Particulars Dogecoin (DOGE)
Rank30
Price0.003014 USD
ROI439.45%
Market Cap362,798,267 USD
Circulating Supply120,358,217,363 DOGE
24hr Volume48,106,512 USD

Dogecoin Price Prediction and Conclusion:

The traders have often considered Dogecoin as a result-giving coin. The currency has always moved according to Bitcoin. The same has helped the currency earned a lot of fan base. Along with that Dogecoin is now listed with Binance exchange. The coin is moving forward with a flag in hand. We are positive about the coin’s future too.

The coin is expected to hover at $0.0070 by the end of 2019. The long term investment would give a better result.

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Roxanne Williams

Roxanne Williams has recently joined as a market reporter for CryptoNewsZ - the 24/7 crypto news site, where she produces recent stories, technical analysis and price updates on world's leading cryptocurrencies.
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